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GBP/USD forecast ahead of US NFP data, Bank of England decision

The GBP/USD exchange rate continued its strong downward trend, moving from the year-to-date high of 1.3876 to the current 1.3672 as traders wait for the upcoming Bank of England (BoE) interest rate decision and US non-farm payrolls (NFP) data.  Bank of England interest rate decision  The GBP/USD exchange rate retreated as investors focused on the

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USD/ZAR forecast: South African rand jumps as key exports soar despite Trump tariff

The USD/ZAR exchange rate remained under pressure, moving from a high of 19.93 in April last year to the current 16. The South African rand surge may accelerate in the coming weeks, helped by the strong macro data from the country.  South African exports are soaring despite US tariffs  Macro data released on Monday showed

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Is the yen rally signaling a shift in global markets and dollar confidence?

The post Is the yen rally signaling a shift in global markets and dollar confidence? appeared first on Invezz

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